royal holdings

Dubai’s ruling family boosts Emaar stake in $6.5B transfer

Dubai’s real estate prices have taken a dip amid two months of missile and drone attacks from Iran, some of which damaged buildings in the city center

Christopher Pike/Bloomberg via Getty Images

An Emaar building on a foggy morning in the Dubai Marina district

By

Jonathan H. Ferziger

May 12, 2026

Dubai’s ruling family is raising its stake in Emaar Properties, one of the UAE’s largest real estate developers and builder of the Burj Khalifa, the world’s tallest skyscraper.

Dubai Holding, which is under the direct control of Sheikh...